Derby Community Association Incorporated

Analysis

Derby Community Association Incorporated is a registered charity in United States, based in Derby, IN. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Derby Community Association Incorporated reported income of $52k and spending of $38k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $52k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Derby Community Association Incorporated sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include Hale Page Diamond Lake Community Association ($52k), Steel Valley Enterprise Zone Corp ($52k) and Beverly Farms Improvement Society Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $374k against liabilities of $0, net assets of $374k.